Saipem awarded new drilling contracts worth approximately €150 million
Saipem has been awarded new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a...
Shell CEO Faces Long Haul In Bid To Pass Exxon As Top Oil Major
Royal Dutch Shell Plc Chief Executive Officer Ben Van Beurden spelled out his main goal last week -- surpass Exxon Mobil Corp. to become...
Next Geosolutions shares industry knowledge
Next Geosolutions, an independent geoscience and engineering service provider, has shared lessons learned from the company’s involvement in the Trans-Mediterranean pipeline inspection activities.
In 2014,...
Simplified subsea intervention with an electric eel
This year's Subsea Upcoming Company of the Year award is given to a disruptive technology for inspection, maintenance and repair operations for the subsea...
Brazil’s Petrobras CEO Seeks To Cut Salaries
Brazil's Petroleo Brasileiro SA plans to propose a deal with unions to reduce salaries and working hours at the state-run oil company to help...
Moody’s: LatAm Oil Companies Need Over $55/Bbl To Break Even
Latin American national oil companies need crude prices to surpass $55 per barrel to break even, a level that would allow them to invest...
Aquatic & James Fisher Offshore Alliance off to successful start in the Americas with...
Aquatic Engineering & Construction Ltd., an Acteon company, and recent alliance partner James Fisher Offshore Ltd (JFO), have completed their first global collaboration project...
Mermaid charters-in dive support vessel ‘Mermaid Nusantara’ for one year
Vessel to support Mermaid’s Indonesian unit and comes on the back of anticipated continual demand in the South East Asian region for essential subsea...
Forgemasters creates emergency gas pipeline repair clamp
Sheffield Forgemasters International Ltd (SFIL) has produced the largest ever forged sub-sea emergency repair clamp bodies for use on the world's longest sub-sea gas...
Avengers Spurn Call From Ex-Niger Delta Cohorts To Join In G’ment Talks
The Niger Delta Avengers, a group that has claimed responsibility for a recent spate of attacks on oil and gas facilities in Nigeria's oil hub, on Monday rejected...